2017 Second Quarter Highlights (GAAP)

• Second quarter 2017 net income totaled $12.9 million, or $0.35 per diluted common share
• Return (annualized) on average assets was 1.26% for Q2 2017, an increase from 0.73% in Q1 2017
• Efficiency ratio of 47.83% for Q2 2017, from 54.64% for Q1 2017
• Total loans held for investment increased $111.1 million, 14.8% annualized from Q1 2017
• Net interest margin increased to 3.63% for Q2 2017, from 3.47% in Q1 2017
• Nonperforming assets were reduced by $12.0 million, or 13.7%, during Q2 2017

2017 Second Quarter Highlights (Non-GAAP)

• Pre-tax pre-provision return on average assets was 2.09% for Q2 2017, an increase from 1.75% in Q1 2017
• Return (annualized) on average tangible common equity was 15.04% for Q2 2017, an increase from 8.88% in Q1 2017
• Tangible book value per common share increased to $9.65

HOUSTON, July 27, 2017 (GLOBE NEWSWIRE) -- Green Bancorp, Inc. (NASDAQ:GNBC), the bank holding company (“Green Bancorp” or the “Company”) that operates Green Bank, N.A. (“Green Bank”), today announced results for its second quarter and six months ended June 30, 2017.  The Company reported net income for the quarter of $12.9 million, or $0.35 per diluted common share.

Manny Mehos, Chairman and Chief Executive Officer of Green Bancorp, said, “We delivered record second quarter results driven by strong loan growth, significant margin expansion, continued improvement in credit and effective expense control. These strong results clearly highlight the Bank’s attractive markets and asset generation potential, efficient branch system, and asset sensitivity now that our energy exposure has largely been removed from our balance sheet. Looking forward, the outlook for the Bank remains promising, as we believe that we have the opportunity to sustain and further improve our financial performance as our markets remain healthy and our infrastructure has ample capacity to scale further.”

Geoff Greenwade, President of Green Bancorp and Chief Executive Officer of Green Bank, commented, “I am pleased with the significant progress that we have achieved as well as the outlook for the balance of 2017. Over the first six months of the year, our results have been in line with our expectations with deposits and loans essentially flat as we completed our energy disposition strategy and made solid progress reducing our Commercial Real Estate exposure. As we look forward, the Company is now poised to achieve more normalized and sustainable growth and we remain confident in our outlook for 6-8% annualized loan growth over the remainder of 2017 and on into 2018.”

Results of Operations - Quarter Ended June 30, 2017 compared with Quarter Ended March 31, 2017

Net income for the quarter ended June 30, 2017 was $12.9 million, an increase of $5.7 million, or 78.8%, compared with $7.2 million for the quarter ended March 31, 2017. Net income per diluted common share was $0.35 for the quarter ended June 30, 2017, compared with $0.19 for the quarter ended March 31, 2017. Returns on average assets and average common equity, each on an annualized basis, for the three months ended June 30, 2017 were 1.26% and 11.62%, respectively. Green Bancorp’s efficiency ratio, which represents noninterest expense divided by the sum of net interest income and noninterest income, was 47.83% for the three months ended June 30, 2017.  The Company recorded a provision for loan losses of $1.5 million, primarily related to the energy portfolio.

Net interest income before provision for loan losses for the quarter ended June 30, 2017 increased 8.2% or $2.7 million, to $35.3 million, compared with $32.6 million for the quarter ended March 31, 2017.  The increase in net interest income was primarily due to an increase of $2.1 million, or 5.8%, in interest earned on loans due to a $37.5 million, or 1.2%,  increase in the average loan balance along with a 16 basis point increase in the average loan yield and an increase of $1.3 million, or 52.1%, in interest earned on securities due to a $107.0 million, or 18.7%, increase in the average securities balance and a 49 basis point increase in the average securities yield, offset by the increases of $277 thousand in interest expense on other borrowed funds due to an increase in short-term advances during the current quarter, $252 thousand in interest expense on interest bearing demand and savings, and $179 thousand in interest expense on certificates and other time deposits.   The net interest margin for the quarter ended June 30, 2017 of 3.63% increased from 3.47% for the quarter ended March 31, 2017.  The improvement in net interest margin was due to the factors discussed above.

Noninterest income for the quarter ended June 30, 2017 was $5.7 million, an increase of $204 thousand, or 3.7%, from $5.5 million for the quarter ended March 31, 2017.  The increase was primarily due to a $376 thousand increase in derivative income, a $360 thousand increase in net gain on sale of held for sale loans, a $294 thousand increase in gain on sale of available for sale securities and a $272 thousand increase in loan fees, offset by a $1.0 million decrease in gain on sale of guaranteed portion of loans due to timing of loan sales.

Noninterest expense for the quarter ended June 30, 2017 was $19.6 million, a decrease of $1.2 million, or 5.9%, from $20.8 million for the quarter ended March 31, 2017.  The decrease was primarily due to a $724 thousand decrease in provision for credit losses for off-balance sheet commitments, and a $498 thousand decrease in professional and regulatory fees.

Loans held for investment at June 30, 2017 were $3.1 billion, an increase of $111.1 million, or 3.7%, when compared with March 31, 2017.  The increase is primarily due to a $131.4 million increase in commercial and industrial loans, of which $56.2 million was related to mortgage warehouse loans, and a $9.8 million increase in consumer and other loans, offset by a $28.1 million reduction in commercial real estate loans.  During the second quarter of 2017, the Company resolved $6.5 million in energy-related loans, which included $1.0 million in loans held for sale.  At June 30, 2017, energy loans totaled $70.9 million, or 2.3% of total loans, excluding loans held for sale.

Loans held for sale at June 30, 2017 were $18.0 million, an increase of $680 thousand, or 3.9%, compared with $17.4 million at March 31, 2017.  The loans held for sale include $16.3 million in energy loans.

During the quarter ended June 30, 2017, securities increased $129.3 million, or 21.9%, due to the purchase of $430.7 million less sales of $278.9 million in securities, which utilized excess cash. 

Deposits at June 30, 2017 decreased $55.7 million, or 1.6%, compared with March 31, 2017, comprised of decreases of $80.7 million in interest-bearing transaction and savings deposits and $21.8 million in noninterest-bearing deposits, offset by a $46.8 million increase in time deposits.  Average deposits increased $11.6 million, or 0.3%, for the quarter ended June 30, 2017, compared with the prior quarter.

Asset Quality - Quarter Ended June 30, 2017 compared with Quarter Ended March 31, 2017

Nonperforming assets totaled $75.5 million, or 1.80% of period end total assets, at June 30, 2017, a decrease of $12.0 million compared to $87.5 million, or 2.15% of period end total assets, at March 31, 2017, primarily due to the resolution of nonperforming loans.  Accruing loans classified as troubled debt restructures and included in the nonperforming asset totals were $7.6 million at June 30, 2017, compared with $11.1 million at March 31, 2017.  Real estate acquired through foreclosure totaled $921 thousand at June 30, 2017, a decrease of $435 thousand, or 32.1%, compared with March 31, 2017.

The allowance for loan losses was 1.02% of total loans at June 30, 2017, compared with 1.06% of total loans at March 31, 2017.  At June 30, 2017, the Company’s allowance for loans losses to total loans, excluding acquired loans that are accounted for under ASC 310-20 and ASC 310-30 and their related allowance, was 1.23%.  Further, the allowance for loan losses plus acquired loan net discount to total loans adjusted for acquired loan net discount was 1.22% as of June 30, 2017.

The Company recorded a provision for loan losses of $1.5 million for the quarter ended June 30, 2017 down from the $6.1 million provision for the loan losses recorded for the quarter ended March 31, 2017.  The second quarter of 2017 provision included $1.5 million in reserves related to energy loans, as compared to the first quarter of 2017, which included $6.0 million in reserves related to energy loans.

Net charge-offs were $1.5 million, or 0.05% of total loans, for the quarter ended June 30, 2017, compared with net charge-offs of $573 thousand, or 0.02% of total loans, for the quarter ended March 31, 2017.

Results of Operations – Six Months Ended June 30, 2017 compared with Six Months Ended June 30, 2016

Net income for the six months ended June 30, 2017 was $20.1 million, compared with net income of $5.5 million for the six months ended June 30, 2016. Net income per diluted common share was $0.54 for the six months ended June 30, 2017, compared with net income per diluted common share of $0.15 for the six months ended June 30, 2016.  The Company recorded a provision for loan losses of $7.7 million, which included $7.5 million in reserves on the energy portfolio.  The provision decreased $19.3 million from the same period in 2016.  Net charge-offs were $2.0 million for the six months ended June 30, 2017, compared with net charge-offs of $12.5 million for the six months ended June 30, 2016.

Net interest income before provision for loan losses for the six months ended June 30, 2017 was $67.9 million, an increase of $179 thousand, or 0.3%, compared with $67.8 million during the six months ended June 30, 2016.  The net interest margin for the six months ended June 30, 2017 of 3.55%, compared with 3.81% for the six months ended June 30, 2016.

Noninterest income for the six months ended June 30, 2017 was $11.2 million, an increase of $3.3 million, or 41.0%, compared with $7.9 million for the six months ended June 30, 2016.  This increase was primarily due to a $1.6 million increase in customer service fees, an $809 thousand increase in gain on sale of guaranteed portion of loans and a $522 thousand increase in loan fees. 

Noninterest expense for the six months ended June 30, 2017 was $40.5 million, an increase of $288 thousand, or 0.7%, compared with $40.2 million for the six months ended June 30, 2016. 

Loans held for investment at June 30, 2017 were $3.1 billion, a decrease of $66.1 million, or 2.1%, compared with $3.2 billion at June 30, 2016, primarily due to the resolution of energy and nonperforming loans offset by new loan production.    Average loans held for investment decreased $121.7 million, or 3.9%, to $3.0 billion for the six months ended June 30, 2017, compared with $3.2 billion for the same period in 2016. 

Deposits at June 30, 2017 were $3.4 billion, an increase of $153.2 million, or 4.8%, compared with June 30, 2016, primarily due to continued opportunities for our portfolio bankers to generate deposit growth within our target markets.  Average deposits increased 8.5%, or $262.6 million, to $3.4 billion for the six months ended June 30, 2017, compared with the same period of 2016. Average noninterest-bearing deposits for the six months ended June 30, 2017 were $668.4 million, an increase of $65.8 million, or 10.9%, compared with the same period in 2016.

Non-GAAP Financial Measures

Green Bancorp’s management uses certain non−GAAP (generally accepted accounting principles) financial measures to evaluate its performance.  Specifically, Green Bancorp reviews tangible book value per common share, the tangible common equity to tangible assets ratio, the return on average tangible common equity ratio, allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans, allowance for loan losses plus acquired loans net discount to total loans adjusted for acquired loan net discount, and pre-tax, pre-provision return on average assets.  Green Bancorp has included in this Earnings Release information related to these non-GAAP financial measures for the applicable periods presented.  Please refer to the “Notes to Financial Highlights” at the end of this Earnings Release for a reconciliation of these non-GAAP financial measures.

Conference Call

As previously announced, Green Bancorp will hold a conference call today, July 27, 2017, to discuss its second quarter 2017 results at 5:00 p.m. (Eastern Time).  The conference call can be accessed live over the phone by dialing 1-877-407-0789, or for international callers, 1-201-689-8562 and requesting to be joined to the Green Bancorp Second Quarter 2017 Earnings Conference Call.  A replay will be available starting at 8:00 p.m. (Eastern Time) on July 27, 2017 and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671.  The passcode for the replay is 13665540.  The replay will be available until 11:59 p.m. (Eastern Time) on August 3, 2017.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the investor relations section of the Company's website at investors.greenbank.com.  The online replay will remain available for a limited time beginning immediately following the call.

To learn more about Green Bancorp, please visit the Company's website at www.greenbank.com.  Green Bancorp uses its website as a channel of distribution for material Company information.  Financial and other material information regarding Green Bancorp is routinely posted on the Company's website and is readily accessible.

About Green Bancorp, Inc.

Headquartered in Houston, Texas, Green Bancorp is a bank holding company that operates Green Bank in the Houston and Dallas metropolitan areas and Austin, Louisville and Honey Grove.  Commercial-focused, Green Bank is a nationally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.

Forward Looking Statement

The information presented herein and in other documents filed with or furnished to the Securities and Exchange Commission (the “SEC”), in press releases or other public shareholder communications, or in oral statements made with the approval of an authorized executive officer contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 giving Green Bancorp’s expectations or predictions of future financial or business performance or conditions.  Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “target,” “estimate,” “continue,” “positions,” “prospects” or “potential,” by future conditional verbs such as “will,” “would,” “should,” “could” or “may”, or by variations of such words or by similar expressions.  These forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. Forward-looking statements speak only as of the date they are made and we assume no duty to update forward-looking statements.

You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date such statements are made.  These statements may relate to future financial performance, strategic plans or objectives, revenues or earnings projections, or other financial information.  By their nature, these statements are subject to numerous uncertainties that could cause actual results to differ materially from those anticipated in the statements. Statements about the expected timing, completion and effects of the proposed transactions and all other statements in this release other than historical facts constitute forward-looking statements.

In addition to factors previously disclosed in Green Bancorp’s reports filed with the SEC and those identified elsewhere in this communication, the following factors among others, could cause actual results to differ materially from forward-looking statements: difficulties and delays in integrating the Green Bancorp and Patriot businesses or fully realizing cost savings and other benefits; business disruption following the merger; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions and divestitures; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms.

Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.

Green Bancorp, Inc. Financial Highlights (Unaudited)
		Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016
		(Dollars in thousands)
Period End Balance Sheet Data:
Cash and cash equivalents		$	134,995			$	255,581			$	389,007			$	313,366			$	199,950
Securities			718,750				589,468				310,124				318,289				237,029
Other investments			26,002				19,057				18,649				18,621				18,586
Loans held for sale			18,030				17,350				23,989				38,934				6,253
Loans held for investment			3,123,355				3,012,275				3,098,220				3,047,618				3,189,436
Allowance for loan losses			(31,991	)			(31,936	)			(26,364	)			(35,911	)			(47,420	)
Goodwill			85,291				85,291				85,291				85,291				85,291
Core deposit intangibles, net			9,215				9,595				9,975				10,356				10,758
Real estate acquired through foreclosure			921				1,356				5,220				2,801				6,216
Premises and equipment, net			30,108				30,604				25,674				26,164				26,706
Other assets			71,021				83,359				85,037				104,307				94,642
Total assets		$	4,185,697			$	4,072,000			$	4,024,822			$	3,929,836			$	3,827,447
Noninterest-bearing deposits		$	683,656			$	705,480			$	650,064			$	618,408			$	583,347
Interest-bearing transaction and savings deposits			1,324,307				1,404,988				1,359,187				1,304,547				1,208,960
Certificates and other time deposits			1,352,459				1,305,670				1,365,449				1,392,944				1,414,954
Total deposits			3,360,422				3,416,138				3,374,700				3,315,899				3,207,261
Securities sold under agreements to repurchase			5,221				4,316				3,493				2,855				3,227
Other borrowed funds			305,000				150,000				150,000				150,000				150,000
Subordinated debentures and subordinated notes			47,454				47,304				47,492				13,502				13,397
Other liabilities			15,859				16,954				18,655				21,365				18,621
Total liabilities			3,733,956				3,634,712				3,594,340				3,503,621				3,392,506
Shareholders' equity			451,741				437,288				430,482				426,215				434,941
Total liabilities and equity		$	4,185,697			$	4,072,000			$	4,024,822			$	3,929,836			$	3,827,447

		For the Quarter Ended																		For the   Six Months Ended
		Jun 30, 2017			Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016			Jun 30, 2017			Jun 30, 2016
		(Dollars in thousands)
Income Statement Data:
Interest income:
Loans, including fees		$	38,476		$	36,371			$	36,469			$	37,897			$	37,711		$	74,847		$	75,056
Securities			3,928			2,583				1,151				989				988			6,511			2,069
Other investments			197			188				184				199				205			385			378
Federal funds sold			-			1				-				1				1			1			2
Deposits in financial institutions			331			408				522				346				157			739			281
Total interest income			42,932			39,551				38,326				39,432				39,062			82,483			77,786
Interest expense:
Transaction and savings deposits			2,230			1,978				1,750				1,537				1,312			4,208			2,462
Certificates and other time deposits			3,786			3,607				3,766				3,791				3,702			7,393			6,465
Subordinated debentures and subordinated notes			1,051			1,041				456				246				243			2,092			480
Other borrowed funds			560			282				170				183				264			842			610
Total interest expense			7,627			6,908				6,142				5,757				5,521			14,535			10,017
Net interest income			35,305			32,643				32,184				33,675				33,541			67,948			67,769
Provision for loan losses			1,510			6,145				9,500				28,200				11,000			7,655			27,000
Net interest income after provision for loan losses			33,795			26,498				22,684				5,475				22,541			60,293			40,769
Noninterest income:
Customer service fees			2,199			2,266				1,755				1,523				1,447			4,465			2,851
Loan fees			1,106			834				750				806				719			1,940			1,418
Gain on sale of available-for-sale securities, net			294			-				-				-				-			294			-
Gain (loss) on sale of held for sale loans, net			222			(138	)			(1,445	)			-				-			84			41
Gain on sale of guaranteed portion of loans, net			878			1,927				379				968				858			2,805			1,996
Other			1,000			606				729				794				758			1,606			1,631
Total noninterest income			5,699			5,495				2,168				4,091				3,782			11,194			7,937
Noninterest expense:
Salaries and employee benefits			12,653			12,406				11,804				11,925				11,461			25,059			23,440
Occupancy			2,048			1,997				2,060				2,194				2,035			4,045			4,065
Professional and regulatory fees			1,899			2,397				2,421				2,180				2,435			4,296			4,357
Data processing			995			908				1,023				921				945			1,903			1,915
Software license and maintenance			438			489				571				580				528			927			1,004
Marketing			163			199				232				283				301			362			599
Loan related			301			600				1,464				1,287				801			901			1,044
Real estate acquired by foreclosure, net			223			292				382				2,105				381			515			681
Other			891			1,551				996				1,908				1,788			2,442			3,057
Total noninterest expense			19,611			20,839				20,953				23,383				20,675			40,450			40,162
Income (loss) before income taxes			19,883			11,154				3,899				(13,817	)			5,648			31,037			8,544
Provision (benefit) for income taxes			6,985			3,942				1,355				(4,831	)			2,017			10,927			3,074
Net income (loss)		$	12,898		$	7,212			$	2,544			$	(8,986	)		$	3,631		$	20,110		$	5,470

		As of and For the Quarter Ended																As of and For the Six Months Ended
		Jun 30, 2017			Mar 31, 2017			Dec 31, 2016			Sep 30, 2016				Jun 30, 2016			Jun 30, 2017			Jun 30, 2016
		(Dollars in thousands, except per share data)
Per Share Data (Common Stock):
Basic earnings (loss) per common share		$	0.35		$	0.19		$	0.07		$	(0.25	)		$	0.10		$	0.54		$	0.15
Diluted earnings (loss) per share			0.35			0.19			0.07			(0.25	)			0.10			0.54			0.15
Book value per common share			12.20			11.81			11.64			11.62				11.88			12.20			11.88
Tangible book value per common share (1)			9.65			9.25			9.06			9.01				9.25			9.65			9.25
Common Stock Data:
Shares outstanding at period end			37,035			37,015			36,988			36,683				36,620			37,035			36,620
Weighted average basic shares outstanding for the period			37,023			36,990			36,731			36,657				36,613			37,007			36,660
Weighted average diluted shares outstanding for the period			37,264			37,238			36,937			36,657				36,613			37,234			36,665
Selected Performance Metrics:
Return on average assets(2)			1.26	%		0.73	%		0.25	%		(0.92	)%			0.38	%		1.00	%		0.29	%
Pre-tax, pre-provision return on average assets(1)(2)			2.09			1.75			1.34			1.47				1.76			1.92			1.89
Return on average equity(2)			11.62			6.71			2.37			(8.23	)			3.35			9.21			2.53
Return on average tangible common equity(1)(2)			15.04			8.88			3.35			(10.25	)			4.62			12.02			3.57
Efficiency ratio			47.83			54.64			60.99			61.92				55.39			51.11			53.05
Loans to deposits ratio			92.95			88.18			91.81			91.91				99.44			92.95			99.44
Noninterest expense to average assets(2)			1.92			2.10			2.10			2.39				2.19			2.01			2.13
Green Bancorp Capital Ratios:
Average shareholders’ equity to average total assets			10.9	%		10.8	%		10.8	%		11.2	%			11.4	%		10.9	%		11.5	%
Tier 1 capital to average assets (leverage)			9.3			9.1			9.1			9.1				9.6			9.3			9.6
Common equity tier 1 capital			10.1			10.0			9.7			9.5				9.5			10.1			9.5
Tier 1 capital to risk-weighted assets			10.5			10.4			10.1			9.8				9.8			10.5			9.8
Total capital to risk-weighted assets			12.4			12.3			11.8			10.9				11.1			12.4			11.1
Tangible common equity to tangible assets (1)			8.7			8.6			8.5			8.6				9.1			8.7			9.1
Green Bank Capital Ratios:
Tier 1 capital to average assets (leverage)			9.6	%		9.1	%		9.0	%		9.0		%		9.4	%		9.6	%		9.4	%
Common equity tier 1 capital			10.9			10.4			10.0			9.7				9.6			10.9			9.6
Tier 1 capital to risk-weighted assets			10.9			10.4			10.0			9.7				9.6			10.9			9.6
Total capital to risk-weighted assets			11.7			11.2			10.8			10.7				10.9			11.7			10.9

 ___________________

(1) Refer to “Notes to Financial Highlights” at the end of this Earnings Release for a reconciliation of this non-GAAP financial measure.
(2) Annualized ratio.

		For the Quarter Ended
		June 30, 2017										March 31, 2017										June 30, 2016
		Average Outstanding Balance				Interest Earned/  Interest Paid			Average Yield/ Rate			Average Outstanding Balance				Interest Earned/  Interest Paid			Average Yield/ Rate			Average Outstanding Balance				Interest Earned/  Interest Paid			Average Yield/ Rate
		(Dollars in thousands)
Assets
Interest-Earning Assets:
Loans		$	3,072,674			$	38,476		5.02	%		$	3,035,146			$	36,371		4.86	%		$	3,188,438			$	37,711		4.76	%
Securities			678,886				3,928		2.32				571,875				2,583		1.83				267,019				988		1.49
Other investments			22,932				197		3.45				18,908				188		4.03				24,542				205		3.36
Interest earning deposits in financial institutions and federal funds sold			124,663				331		1.06				186,418				409		0.89				122,262				158		0.52
Total interest-earning assets			3,899,155				42,932		4.42	%			3,812,347				39,551		4.21	%			3,602,261				39,062		4.36	%
Allowance for loan losses			(32,036	)									(27,669	)									(42,020	)
Noninterest-earning assets			229,267										232,066										243,591
Total assets		$	4,096,386									$	4,016,744									$	3,803,832
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Interest-bearing demand and savings deposits		$	1,361,929			$	2,230		0.66	%		$	1,382,680			$	1,978		0.58	%		$	1,151,728			$	1,312		0.46	%
Certificates and other time deposits			1,309,477				3,786		1.16				1,325,329				3,607		1.10				1,424,437				3,702		1.05
Securities sold under agreements to repurchase			4,457				2		0.18				3,494				1		0.12				3,680				1		0.11
Other borrowed funds			217,896				558		1.03				160,778				281		0.71				165,776				263		0.64
Subordinated debentures and subordinated notes			47,376				1,051		8.90				47,550				1,041		8.88				13,346				243		7.32
Total interest-bearing liabilities			2,941,135				7,627		1.04	%			2,919,831				6,908		0.96	%			2,758,967				5,521		0.80	%
Noninterest-bearing liabilities:
Noninterest-bearing demand deposits			692,379										644,212										592,649
Other liabilities			17,538										17,006										16,757
Total liabilities			3,651,052										3,581,049										3,368,373
Shareholders’ equity			445,334										435,695										435,459
Total liabilities and  shareholders’ equity		$	4,096,386									$	4,016,744									$	3,803,832
Net interest rate spread									3.38	%									3.25	%									3.56	%
Net interest income and margin(1)						$	35,305		3.63	%						$	32,643		3.47	%						$	33,541		3.74	%

___________________

(1) Net interest margin is equal to net interest income divided by interest-earning assets.

		For the Six Months Ended June 30,
		2017										2016
		Average Outstanding Balance				Interest Earned/  Interest Paid			Average Yield/ Rate			Average Outstanding Balance				Interest Earned/  Interest Paid			Average Yield/ Rate
		(Dollars in thousands)
Assets
Interest-Earning Assets:
Loans		$	3,054,013			$	74,847		4.94	%		$	3,156,574			$	75,056		4.78	%
Securities			625,676				6,511		2.10				289,939				2,069		1.44
Other investments			20,930				385		3.71				23,520				378		3.23
Interest earning deposits in financial institutions and federal funds sold			155,371				740		0.96				109,835				283		0.52
Total interest-earning assets			3,855,990				82,483		4.31	%			3,579,868				77,786		4.37	%
Allowance for loan losses			(29,865	)									(37,549	)
Noninterest-earning assets			230,659										244,309
Total assets		$	4,056,784									$	3,786,628
Liabilities and Shareholders’ Equity
Interest-bearing liabilities:
Interest-bearing demand and savings deposits		$	1,372,247			$	4,208		0.62	%		$	1,109,364			$	2,462		0.45	%
Certificates and other time deposits			1,317,359				7,393		1.13				1,383,500				6,465		0.94
Securities sold under agreements to repurchase			3,978				3		0.15				3,901				3		0.15
Other borrowed funds			189,494				839		0.89				223,307				607		0.55
Subordinated debentures			47,463				2,092		8.89				13,294				480		7.26
Total interest-bearing liabilities			2,930,541				14,535		1.00	%			2,733,366				10,017		0.74	%
Noninterest-bearing liabilities:
Noninterest-bearing demand deposits			668,429										602,594
Other liabilities			17,273										16,706
Total liabilities			3,616,243										3,352,666
Shareholders’ equity			440,541										433,962
Total liabilities and  shareholders’ equity		$	4,056,784									$	3,786,628
Net interest rate spread									3.31	%									3.63	%
Net interest income and margin(1)						$	67,948		3.55	%						$	67,769		3.81	%

___________________

(1) Net interest margin is equal to net interest income divided by interest-earning assets.


Yield Trend
			For the Quarter Ended
			Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016
Average yield on interest-earning assets:
Loans, including fees			5.02	%			4.86	%			4.71	%			4.77	%			4.76	%
Securities			2.32				1.83				1.45				1.58				1.49
Other investments			3.45				4.03				3.93				4.26				3.36
Interest-earning deposits in financial institutions and federal funds sold			1.07				0.89				0.58				0.51				0.52
Total interest-earning assets			4.42	%			4.21	%			4.05	%			4.24	%			4.36	%
Average rate on interest-bearing liabilities:
Interest bearing transaction and savings			0.66	%			0.58	%			0.52	%			0.49	%			0.46	%
Certificates and other time deposits			1.16				1.10				1.08				1.07				1.05
Other borrowed funds			1.01				0.70				0.44				0.48				0.63
Subordinated debentures			8.90				8.88				8.10				7.28				7.32
Total interest-bearing liabilities			1.04	%			0.96	%			0.85	%			0.81	%			0.80	%
Net interest rate spread			3.38	%			3.25	%			3.20	%			3.43	%			3.56	%
Net interest margin (1)			3.63	%			3.47	%			3.40	%			3.62	%			3.74	%

___________________

(1) Net interest margin is equal to net interest income divided by interest-earning assets.

Supplemental Yield Trend
			For the Quarter Ended
			Jun 30, 2017			Mar 31, 2017			Dec 31, 2016			Sep 30, 2016			Jun 30, 2016
Average yield on loans, excluding fees (2)			4.59	%		4.42	%		4.29	%		4.20	%		4.29	%
Average cost of interest-bearing deposits			0.90			0.84			0.81			0.80			0.78
Average cost of total deposits, including noninterest-bearing			0.72			0.68			0.66			0.65			0.64

___________________

(2) Average yield on loans, excluding fees, is equal to loan interest income divided by average loan principal.

Portfolio Composition
			Jun 30, 2017								Mar 31, 2017								Dec 31, 2016								Sep 30, 2016								Jun 30, 2016
			(Dollars in thousands)
Period End Balances
Commercial & industrial			$	1,144,332			36.6	%			$	1,012,982			33.6	%			$	1,053,925			34.0	%			$	1,004,414			33.0	%			$	1,128,541			35.4	%
Real Estate:
Owner occupied commercial				407,317			13.0					415,595			13.8					394,210			12.7					387,032			12.7					366,587			11.5
Commercial				1,109,237			35.5					1,129,031			37.5					1,143,751			36.9					1,109,642			36.4					1,078,434			33.8
Construction, land & land development				201,992			6.5					201,946			6.7					249,704			8.1					278,323			9.1					334,925			10.5
Residential mortgage				239,834			7.7					241,839			8.0					245,191			7.9					256,840			8.4					270,337			8.5
Consumer and Other				20,643			0.7					10,882			0.4					11,439			0.4					11,367			0.4					10,612			0.3
Total loans held for investment			$	3,123,355			100.0	%			$	3,012,275			100.0	%			$	3,098,220			100.0	%			$	3,047,618			100.0	%			$	3,189,436			100.0	%
Deposits:
Noninterest-bearing			$	683,656			20.3	%			$	705,480			20.7	%			$	650,064			19.3	%			$	618,408			18.6	%			$	583,347			18.2	%
Interest-bearing transaction				207,106			6.2					208,213			6.1					168,994			5.0					171,457			5.2					164,584			5.1
Money market				1,016,453			30.3					1,089,699			31.9					1,084,350			32.1					1,019,901			30.8					926,159			28.9
Savings				100,748			3.0					107,076			3.1					105,843			3.1					113,189			3.4					118,217			3.7
Certificates and other time deposits				1,352,459			40.2					1,305,670			38.2					1,365,449			40.5					1,392,944			42.0					1,414,954			44.1
Total deposits			$	3,360,422			100.0	%			$	3,416,138			100.0	%			$	3,374,700			100.0	%			$	3,315,899			100.0	%			$	3,207,261			100.0	%
Loan to Deposit Ratio				92.9	%							88.2	%							91.8	%							91.9	%							99.4	%

Asset Quality
		As of and for the Quarter Ended																				As of and for the  Six Months Ended
		Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016				Jun 30, 2017				Jun 30, 2016
		(Dollars in thousands)
Nonperforming Assets:
Nonaccrual loans		$	43,257			$	59,338			$	66,673			$	84,491			$	66,628			$	43,257			$	66,628
Accruing loans 90 or more days past due			2,651				5,500				1,169				3,664				14,320				2,651				14,320
Restructured loans—nonaccrual			19,362				10,276				10,133				8,961				853				19,362				853
Restructured loans—accrual			7,637				11,068				16,518				5,378				5,469				7,637				5,469
Total nonperforming loans			72,907				86,182				94,493				102,494				87,270				72,907				87,270
Nonperforming loans held for sale			1,700				-				6,598				24,773				-				1,700				-
Real estate acquired through foreclosure			921				1,356				5,220				2,801				6,216				921				6,216
Total nonperforming assets		$	75,528			$	87,538			$	106,311			$	130,068			$	93,486			$	75,528			$	93,486
Charge-offs:
Commercial and industrial		$	(466	)		$	(1,312	)		$	(17,378	)		$	(37,789	)		$	(3,336	)		$	(1,778	)		$	(13,216	)
Owner occupied commercial real estate			(961	)			-				(250	)			(978	)			(177	)			(961	)			(177	)
Commercial real estate			-				-				-				(492	)			-				-				-
Construction, land & land development			-				(95	)			(1,631	)			-				-				(95	)			-
Residential mortgage			-				-				(30	)			(512	)			-				-				(6	)
Other consumer			(126	)			(8	)			(15	)			(54	)			(37	)			(134	)			(57	)
Total charge-offs			(1,553	)			(1,415	)			(19,304	)			(39,825	)			(3,550	)			(2,968	)			(13,456	)
Recoveries:
Commercial and industrial		$	73			$	585			$	206			$	37			$	175			$	658			$	757
Owner occupied commercial real estate			-				4				-				17				-				4				-
Commercial real estate			3				-				-				-				-				3				-
Construction, land & land development			-				74				5				6				47				74				73
Residential mortgage			16				57				33				45				20				73				77
Other consumer			6				122				13				11				14				128				22
Total recoveries			98				842				257				116				256				940				929
Net charge-offs		$	(1,455	)		$	(573	)		$	(19,047	)		$	(39,709	)		$	(3,294	)		$	(2,028	)		$	(12,527	)
Allowance for loan losses at end of period		$	31,991			$	31,936			$	26,364			$	35,911			$	47,420			$	31,991			$	47,420
Asset Quality Ratios:
Nonperforming assets to total assets			1.80	%			2.15	%			2.64	%			3.31	%			2.44	%			1.80	%			2.44	%
Nonperforming loans to total loans			2.33				2.86				3.05				3.36				2.74				2.33				2.74
Total classified assets to total regulatory capital			28.70				38.00				39.09				54.12				49.03				28.70				49.03
Allowance for loan losses to total loans			1.02				1.06				0.85				1.18				1.49				1.02				1.49
Net charge-offs to average loans outstanding			0.05				0.02				0.63				1.26				0.10				0.07				0.40

We identify certain financial measures discussed in this release as being “non‑GAAP financial measures.” In accordance with the SEC’s rules, we classify a financial measure as being a non‑GAAP financial measure if that financial measure excludes or includes amounts, or is subject to adjustments that have the effect of excluding or including amounts, that are included or excluded, as the case may be, in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles as in effect from time to time in the United States in our statements of income, balance sheet or statements of cash flows. Non‑GAAP financial measures do not include operating and other statistical measures or ratios or statistical measures calculated using exclusively either financial measures calculated in accordance with GAAP, operating measures or other measures that are not non‑GAAP financial measures or both.

The non‑GAAP financial measures that we discuss in this release should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. Moreover, the manner in which we calculate the non‑GAAP financial measures that we discuss in this release may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non‑GAAP financial measures we have discussed in this release when comparing such non‑GAAP financial measures.

Tangible Book Value Per Common Share.  Tangible book value is a non‑GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) tangible common equity as shareholders’ equity less goodwill and core deposit intangibles, net of accumulated amortization; and (b) tangible book value per common share as tangible common equity (as described in clause (a)) divided by shares of common stock outstanding. For tangible book value, the most directly comparable financial measure calculated in accordance with GAAP is our book value.

We believe that this measure is important to many investors in the marketplace who are interested in changes from period to period in book value per common share exclusive of changes in intangible assets. Goodwill and other intangible assets have the effect of increasing total book value while not increasing our tangible book value.

The following table reconciles, as of the dates set forth below, total shareholders’ equity to tangible common equity and presents our tangible book value per common share compared with our book value per common share:

			Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016
			(Dollars in thousands, except per share data)
Tangible Common Equity
Total shareholders’ equity			$	451,741			$	437,288			$	430,482			$	426,215			$	434,941
Adjustments:
Goodwill				85,291				85,291				85,291				85,291				85,291
Core deposit intangibles				9,215				9,595				9,975				10,356				10,758
Tangible common equity			$	357,235			$	342,402			$	335,216			$	330,568			$	338,892
Common shares outstanding (1)				37,035				37,015				36,988				36,683				36,620
Book value per common share (1)			$	12.20			$	11.81			$	11.64			$	11.62			$	11.88
Tangible book value per common share (1)			$	9.65			$	9.25			$	9.06			$	9.01			$	9.25

___________________

(1) Excludes the dilutive effect of common stock issuable upon exercise of outstanding stock options.  The number of exercisable options outstanding was 465,281 as of Jun 30, 2017; 472,653 as of Mar 31, 2017; 493,241 as of Dec 31, 2016; 792,619 as of Sep 30, 2016; and 785,352 as of Jun 30, 2016.

Tangible Common Equity to Tangible Assets.  Tangible common equity to tangible assets is a non‑GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) tangible common equity as shareholders’ equity less goodwill and core deposit intangibles, net of accumulated amortization; (b) tangible assets as total assets less goodwill and core deposit intangibles, net of accumulated amortization; and (c) tangible common equity to tangible assets as tangible common equity (as described in clause (a)) divided by tangible assets (as described in clause (b)). For common equity to tangible assets, the most directly comparable financial measure calculated in accordance with GAAP is total shareholders’ equity to total assets.

We believe that this measure is important to many investors in the marketplace who are interested in the relative changes from period to period in common equity and total assets, each exclusive of changes in intangible assets. Goodwill and other intangible assets have the effect of increasing both total shareholders’ equity and assets while not increasing our tangible common equity or tangible assets.

The following table reconciles, as of the dates set forth below, total shareholders’ equity to tangible common equity and total assets to tangible assets and presents our tangible common equity to tangible assets:

		Jun 30, 2017			Mar 31, 2017			Dec 31, 2016			Sep 30, 2016			Jun 30, 2016
		(Dollars in thousands)
Tangible Common Equity
Total shareholders’ equity		$	451,741		$	437,288		$	430,482		$	426,215		$	434,941
Adjustments:
Goodwill			85,291			85,291			85,291			85,291			85,291
Core deposit intangibles			9,215			9,595			9,975			10,356			10,758
Tangible common equity		$	357,235		$	342,402		$	335,216		$	330,568		$	338,892
Tangible Assets
Total assets		$	4,185,697		$	4,072,000		$	4,024,822		$	3,929,836		$	3,827,447
Adjustments:
Goodwill			85,291			85,291			85,291			85,291			85,291
Core deposit intangibles			9,215			9,595			9,975			10,356			10,758
Tangible assets		$	4,091,191		$	3,977,114		$	3,929,556		$	3,834,189		$	3,731,398
Tangible Common Equity to Tangible Assets			8.73	%		8.61	%		8.53	%		8.62	%		9.08	%

Return on Average Tangible Common Equity.  Return on average tangible common equity is a non‑GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) average tangible common equity as average shareholders’ equity less average goodwill and average core deposit intangibles, net of accumulated amortization; (b) net income less the effect of intangible assets as net income plus amortization of core deposit intangibles, net of taxes; and (c) return (as described in clause (a)) divided by average tangible common equity (as described in clause (b)). For return on average tangible common equity, the most directly comparable financial measure calculated in accordance with GAAP is return on average equity.

We believe that this measure is important to many investors in the marketplace who are interested in the return on common equity, exclusive of the impact of intangible assets.  Goodwill and other intangible assets, including core deposit intangibles, have the effect of increasing total shareholders’ equity, while not increasing our tangible common equity.  This measure is particularly relevant to acquisitive institutions who may have higher balances in goodwill and other intangible assets than non-acquisitive institutions.

The following table reconciles, as of the dates set forth below, average tangible common equity to average common equity and net income excluding amortization of core deposit intangibles, net of tax to net income and presents our return on average tangible common equity:

		For the Quarter Ended																					For the  Six Months Ended
		Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016					Jun 30, 2016				Jun 30, 2017				Jun 30, 2016
		(Dollars in thousands)
Net income (loss) adjusted for amortization of core deposit intangibles
Net income (loss)		$	12,898			$	7,212			$	2,544			$	(8,986	)			$	3,631			$	20,110			$	5,470
Adjustments:
Plus: Amortization of core deposit intangibles			380				380				382				402					402				760				804
Less: Tax benefit at the statutory rate			133				133				134				141					141				266				281
Net income (loss) adjusted for amortization of core deposit intangibles		$	13,145			$	7,459			$	2,792			$	(8,725	)			$	3,892			$	20,604			$	5,993
Average Tangible Common Equity
Total average shareholders’ equity		$	445,334			$	435,695			$	427,550			$	434,620				$	435,459			$	440,541			$	433,962
Adjustments:
Average goodwill			85,291				85,291				85,291				85,291					85,291				85,291				85,290
Average core deposit intangibles			9,461				9,844				10,223				10,618					11,020				9,652				11,220
Average tangible common equity		$	350,582			$	340,560			$	332,036			$	338,711				$	339,148			$	345,598			$	337,452
Return on Average Tangible Common Equity (Annualized)			15.04	%			8.88	%			3.35	%			(10.25	)	%			4.62	%			12.02	%			3.57	%

Allowance for Loan Losses less Allowance for Loan Losses on Acquired Loans to Total Loans excluding Acquired Loans.  The allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans is a non‑GAAP measure used by management to evaluate the Company’s financial condition.  Due to the application of purchase accounting, we use this non-GAAP ratio that excludes that impact of these items to evaluate our allowance for loan losses to total loans.  We calculate: (a) total allowance for loan losses less allowance for loan losses on acquired loans as allowance for loan losses less the allowance for loan losses on acquired loans; (b) total loans excluding acquired loans as total loans less the carrying value of acquired loans accounted for under ASC topics 310-20 and 310-30; and (c) allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans as the allowance for loan losses less allowance for loan losses on acquired loans (as calculated in clause (a)) divided by total loans excluding acquired loans (as calculated in clause (b)).  For allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans, the most directly comparable financial measure calculated in accordance with GAAP is allowance for loan losses to total loans.

We believe that this measure is important to many investors in the marketplace who are interested in the relative changes from period to period in the allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans.  The acquired loans may have a premium or discount associated with them that includes a potential credit loss component with similar characteristics to the allowance for loan losses.  This measure reports the allowance for loan loss coverage to only those loans not accounted for pursuant to ASC topics 310-20 and 310-30 which may assist the investor in evaluating the allowance coverage of loans excluding acquired loans.

The following table reconciles, as of the dates set forth below, allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans:

			Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016
			(Dollars in thousands)
Allowance for loan losses less allowance for loan losses on acquired loans
Allowance for loan losses			$	31,991			$	31,936			$	26,364			$	35,911			$	47,420
Less: Allowance for loan losses on acquired loans				1,462				2,825				2,509				5,235				3,219
Total allowance for loan losses less allowance for loan losses on acquired loans			$	30,529			$	29,111			$	23,855			$	30,676			$	44,201
Total loans excluding acquired loans
Total loans			$	3,123,355			$	3,012,275			$	3,098,220			$	3,047,618			$	3,189,436
Less: Carrying value of acquired loans accounted for under ASC Topics 310-20 and 310-30				646,601				730,064				796,292				895,559				974,372
Total loans excluding acquired loans			$	2,476,754			$	2,282,211			$	2,301,928			$	2,152,059			$	2,215,064
Allowance for loan losses less allowance for loan losses on acquired loans to total loans excluding acquired loans				1.23	%			1.28	%			1.04	%			1.43	%			2.00	%

Allowance for Loan Losses plus Acquired Loan Net Discount to Total Loans adjusted for Acquired Loan Net Discount.  Allowance for loan losses plus acquired loan net discount to total loans adjusted for acquired loan net discount is a non‑GAAP measure used by management to evaluate the Company’s financial condition. We calculate: (a) allowance for loan losses plus acquired loan net discount as allowance for loan losses plus acquired loan net discount, net of accumulated amortization; (b) total loans adjusted for acquired loan net discount as total loans plus acquired loan net discount, net of accumulated amortization; and (c) allowance for loan losses plus acquired loan net discount to total loans adjusted for acquired loan net discount as allowance for loan losses plus acquired loan net discount (as calculated in clause (a)) divided by total loans adjusted for acquired loan net discount (as calculated in clause (b)).  For allowance for loan losses to total loans excluding acquired loans, the most directly comparable financial measure calculated in accordance with GAAP is allowance for loan losses to total loans.

We believe that this measure is important to many investors in the marketplace who are interested in the relative changes from period to period in the allowance for loan losses plus the acquired loan net discount to total loans adjusted for the acquired loan net discount.  This measure reports the combined allowance for loan loss and acquired loan net discount (or premium) as a percentage of loans inclusive of the acquired loan net discount (or premium) which may assist the investor in evaluating allowance coverage on loans inclusive of additional discount or premium resulting from purchase accounting adjustments.

The following table reconciles, as of the dates set forth below, allowance for loan losses plus acquired loans net discount to total loans adjusted for acquired loan net discount:

			Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016				Jun 30, 2016
			(Dollars in thousands)
Allowance for loan losses plus acquired loan net discount
Allowance for loan losses at end of period			$	31,991			$	31,936			$	26,364			$	35,911			$	47,420
Plus: Net discount on acquired loans				6,240				7,314				9,937				13,698				20,412
Total allowance plus acquired loan net discount			$	38,231			$	39,250			$	36,301			$	49,609			$	67,832
Total loans adjusted for acquired loan net discount
Total loans			$	3,123,355			$	3,012,275			$	3,098,220			$	3,047,618			$	3,189,436
Plus: Net discount on acquired loans				6,240				7,314				9,937				13,698				20,412
Total loans adjusted for acquired loan net discount			$	3,129,595			$	3,019,589			$	3,108,157			$	3,061,316			$	3,209,848
Allowance for loan losses plus acquired loan net discount loans to total loans adjusted for acquired loan net discount				1.22	%			1.30	%			1.17	%			1.62	%			2.11	%

Pre-tax, Pre-provision Return on Average Assets.  Pre-tax, pre-provision return on average assets is a non‑GAAP measure used by management to evaluate the Company’s financial performance. We calculate: (a) pre-tax, pre-provision net income as net income (loss) plus provision (benefit) for income taxes, plus provision for loan losses and (b) return (as described in clause (a)) divided by total average assets.  For pre-tax, pre-provision net income, the most directly comparable financial measure calculated in accordance with GAAP is net income and for pre-tax, pre-provision return on average assets is return on average assets.

We believe that this measure is important to many investors in the marketplace who are interested in understanding the operating performance of the company before provision for loan losses, which can vary from quarter to quarter, and income taxes.  

The following table reconciles, as of the dates set forth below, pre-tax, pre-provision return on average assets:

			For the Quarter Ended																					For the   Six Months Ended
			Jun 30, 2017				Mar 31, 2017				Dec 31, 2016				Sep 30, 2016					Jun 30, 2016				Jun 30, 2017				Jun 30, 2016
			(Dollars in thousands)
Pre-Tax, Pre-Provision Net Income
Net Income (loss)			$	12,898			$	7,212			$	2,544			$	(8,986	)			$	3,631			$	20,110			$	5,470
Plus: Provision (benefit) for income taxes				6,985				3,942				1,355				(4,831	)				2,017				10,928				3,074
Plus: Provision for loan losses				1,510				6,145				9,500				28,200					11,000				7,655				27,000
Total pre-tax, pre-provision net income			$	21,393			$	17,299			$	13,399			$	14,383				$	16,648			$	38,692			$	35,544
Total Average Assets			$	4,096,386			$	4,016,744			$	3,974,244			$	3,894,127				$	3,803,832			$	4,056,784			$	3,786,628
Pre-Tax, Pre-Provision Return on Average Assets (Annualized)				2.09	%			1.75	%			1.34	%			1.47	%				1.76	%			1.92	%			1.89	%

Media Contact:
Mike Barone
713-275-8243
mbarone@greenbank.com

Investor Relations:
713-275-8220
investors@greenbank.com